H Hotel 3206 W 8th St 49 Room Hotel Los Angeles, CA 90005 $16,995,000 ($346,837/Room) 7.25% Cap Rate

Kidder Mathews is pleased to present the opportunity to acquire H Hotel located at 3206 W 8th Street, a fully renovated 51-room luxury boutique hotel with two ground-floor retail spaces featuring liquor licenses, located in the heart of Koreatown, one of Los Angeles’ most desirable and high-demand submarkets.
Originally built in 1926, this iconic four-story building has undergone a meticulous, multimillion-dollar renovation that preserves its architectural character while incorporating highend, contemporary finishes. The property spans 26,015 square feet on a 5,400-square-foot lot, and features mid-century modern interiors, a striking
lobby, elegant communal spaces, and thoughtfully designed guest rooms—all supported by upgraded systems throughout.
H Hotel includes a 1,350-square-foot restaurant, occupied by H Café, a popular Koreatown destination known for its brunch and craft cocktails. The café attracts a steady mix of hotel guests, locals, and tourists alike. The hotel also offers a 2,500-square-foot vacant retail space on the ground floor, presenting a valuable opportunity for a new owner to secure a tenant and enhance cash flow. There is also an option to lease 30 parking spaces from the adjacent lot for $3,000 per month.

The hotel enjoys a prime location just one block from Wilshire Boulevard. This highly walkable neighborhood is home to acclaimed restaurants, trendy nightlife, boutique shopping, and vibrant cultural experiences. The property is also a short walk from the Wilshire/Normandie Purple Line Metro station, which is undergoing an expansion that will soon connect Koreatown directly to Beverly Hills, Westwood, and other key areas by 2026. Major freeways including the 10, 101, and 110 are easily accessible, providing seamless connectivity throughout Greater Los Angeles. Guests also benefit from proximity to major employment centers and tourist destinations in Downtown L.A., Hollywood, West Hollywood, and Beverly Hills.

This is a rare opportunity to acquire a stabilized, turn-key hospitality asset with retail income and value-add potential in one of Los Angeles’ most vibrant and supply-constrained markets. H Hotel is well-positioned to deliver attractive in-place cash flow with long-term upside through retail lease-up, potential rate growth, and continued area development.